it appears that the amount of cash being spent each quarter is negligible compared to their cash at hand, so why the need for such a large ($50 million) placement. if it is nmot spent on something soon then we would have to consider it unnecessary dilution of shares.
it appears that the amount of cash being spent each quarter is...
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$3.47 |
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| No. | Vol. | Price($) |
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| 2 | 848 | $3.47 |
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